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New Tax Break for Non-Itemizers in 2026: How to Deduct Charitable Gifts

YouTuberetiresecure

New Tax Break for Non-Itemizers in 2026: How to Deduct Charitable Gifts

Starting in 2026, non-itemizers can finally deduct charitable contributions—up to $1,000 if single or $2,000 if married. This is a small but meaningful change introduced by the One Big Beautiful Bill Act. And if you’re 70½ or older, don’t forget about Qualified Charitable Distributions (QCDs)—still the most tax-efficient way to give ...

645 views2 months ago

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